Andersen has advised Obranueva.com, a national developer specializing in advising on and managing real estate projects, on its appointment as the lead developer for the construction of 125 affordable rental homes in Estepona (Málaga). The real estate project is being promoted by A&G Global Investors, which has allocated €43 million to its development through its investment vehicle, A&G Real Estate Sustainable Developments SICC.
Andersen’s advisory role required coordination between the Real Estate and Corporate/M&A teams, led by partners Eduardo González and Antonio Cañadas, respectively. In addition to designing and establishing the vehicle responsible for developing the homes, the collaborative effort also encompassed the acquisition of the land on which the project will be built and the negotiation and signing of a Forward Funding Agreement for its financing. With this advisory work, Andersen strengthens its position in complex transactions that combine corporate and financial structuring with a strategic and multidisciplinary approach.
Eduardo González highlighted the value of this comprehensive approach, which allows them to “support the client from the initial land structuring to securing financing, anticipating legal risks and optimizing project execution timelines.” For his part, Antonio Cañadas pointed out that “in these types of transactions, the advisory role must focus on providing the vehicle with a solid and flexible corporate structure that offers security to both the investor and the developer throughout the entire project lifecycle.”
Legal Advisors
Advisors de Obranueva.com:
- Andersen: Partners Eduardo González and Antonio Cañadas. Senior Associates Enrique Pérez, Teresa García and Jose Miguel Jaime.